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TY Options & FV Futures Blocked

US TSY OPTIONS

Latest block trades lodged at 02:18:57 London, 21:18:57 NY:

  • TYJ1 138.00 calls 10.0K blocked at 0-06, looks like a sale
  • TYJ1 133.00 puts 10.0K blocked at 0-08, looks like a lift
  • FVH1 4.0K blocked at 125-25+, looks like a lift
  • Appears to be a 10.0K block of the TYJ1 138.00/133.00 risk reversal, buying the puts to sell the calls, with a misweighted delta hedge. There was a similar position lodged via block in the TYJ1 138.00/133.50 risk reversals during Asia-Pac hours earlier this week, although that wasn't delta hedged.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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